Fig. 3: Predictions based on the Wave Principle. | Translational Psychiatry

Fig. 3: Predictions based on the Wave Principle.

From: Is the worst of the COVID-19 global pandemic yet to come? Application of financial mathematics as candidate predictive tools

Fig. 3

Elliott wave analysis for the (a) world and (b) USA using the Fibonacci Pinball method. Dotted, dashed-dotted, and dashed red lines show predictions of best-, intermediate-, and worst-case scenarios, respectively, for daily new infections. Black arrows point out the closest Fibonacci ratio exhibited by an extension (E) or a retracement (R) of the wave. Horizonal black solid and dashed lines represent the resistance and support levels, respectively, for daily new cases based on the most common Fibonacci ratios.

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